>>>PT, please name a recent case where NASDAQ has listed a stock that was trading below $5 on the day of the listing.
NOT one that dipped below $5 before the listing - but one where it was actually trading below $5 on the day it was listed.
RP seems to be implying that they might do so.
While they may, indeed, have the flexibility to do so if they wished, unless there is actually some precedent - and in more than just a tiny percentage of such cases, it is very, very unlikely that they would.
IMO, EDIG will not be listed while it is trading below $5. The probability that they would be listed while trading below $5 is similar to that of winning the lottery. Like you, and Rosanne (or is that whatsername, "The Goddess of Love"?), are fond of saying - "it could happen", LOL!<<<
JT, you actually answered your own question when you used the phrase "....While they may, indeed, have the flexibility to do so if they wished..." Emphasis on your use of the term "indeed."
Better yet, I'll simply refer to you to RP's response to Todd relative to the Nasdaq listing. Why don't you take RP's response, consider it and then contact the Nasdaq listing office. Before doing so, however, I'd recommend you contact Putnam first. After all, he did state he'd be willing to discuss EDIG with ANYONE. This includes YOU!
Given stocks IPO with no trading history, I'd imagine Nasdaq has provisions such that an OTC stock could join, based on both the history and the potential of the company. And given Putnam's remarks that non-disclosure agreements (NDAs) exist, there's likely more on the table than we know about. Yes, Nasdaq is privy to this--you and I are not.
So rather than, as you're often apt to do, attempt to distort, mischaracterize or negate EDIG's prospects for its Nasdaq listing, why don't you, like the rest of us, wait it out. I've got patience. Do you? |
